Kathmandu. The Troubled Cooperative Management Committee has returned the savings of 235 people of 12 troubled cooperatives. According to the committee, the amount of small savers has been refunded.

The government has clarified that the amount received from the loan recovery of the troubled cooperatives has been returned to the affected savers.

They include Agriculture Development (4), Gorkha (11), Ideal Yamuna (6), Kantipur (80), Nepal Finance (12), Oriental (37), Shiva Shikhar (62), Pashupati (4), Aaphi Hamro (10), Standard Saving (4), Laligurans (13) and Gautam Shree (1).

In the first phase, the money will be returned to the savers with a small amount of savings. In this way, the amount will be returned by classifying the savers on the basis of the amount of the savers.

The task of recovering loans from the troubled cooperatives and returning the savings from the money received from the management of the cooperatives to the savers of the cooperatives is being carried out continuously as per the prevailing legal provisions.